The Cycle Shop Has Sales of $372,400 and a Profit

question 19

Multiple Choice

The Cycle Shop has sales of $372,400 and a profit margin of 6.1 percent.There are 12,000 shares of stock outstanding with a market price per share of $8.64.What is the price-earnings ratio?

• A)8.47
• B)3.59
• C)9.09
• D)4.56
• E)3.64

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Definitions:

High-risk Heterosexual Behavior

Sexual activities between individuals of the opposite sex that increase the risk of sexually transmitted infections (STIs) and other health complications.

Code

A system of symbols, letters, or numbers used to represent information, especially for identification or classification purposes.

Pathogen

A biological agent that causes disease or illness to its host.

Multiple Countries

Involving or relating to more than one country or nation.